Almost everyone dreams of owning their own flat or house. To make this dream come true, it is most often necessary to take out a mortgage. Why is it worth taking out such a loan specifically from Alior Bank?
Edyta Gajewska: When taking out a mortgage from Alior Bank to purchase a flat, house or plot of land, you can count on a low margin. The loan term can be up to 30 years. It is also worth highlighting the possibility of suspending principal repayments for up to 6 months per year, for a total of up to 5 years. It should be noted that a mortgage from Alior Bank also makes it possible to receive funding under the “Mieszkanie dla Młodych” Programme.
Most people associate a mortgage only with financing the purchase of a flat, house or building plot. Can a mortgage actually be used only for these purposes?
Edyta Gajewska: No, not only. Mortgage funds can also cover the costs of finishing, renovating or adapting a property, as well as finance the construction of a house using the self-build system. A mortgage can also be used to consolidate liabilities, that is, to replace several loans with a single loan with a lower instalment. Finally, mortgage funds can also be used for any consumer purpose: purchasing household appliances, furniture, going on holiday or simply making dreams come true.
To take out a mortgage, it is necessary to secure the loan with a mortgage on a property, correct? What can serve as this security?
Edyta Gajewska: That is correct: to take out a mortgage instead of, for example, a cash loan, you must provide a property as security. This security may be a flat, house or plot of land that you already own or are purchasing with the funds from the mortgage you are taking out. The bank also accepts security in the form of a property owned by a third party.
So perhaps it is worth taking out a mortgage and fulfilling today the plans and dreams—sometimes postponed for a long time—that you have had for years?
More detailed information about mortgages can be obtained at Alior Bank’s partner branches:
Bolesławiec, ul. Zgorzelecka 46, tel. 75 732 22 51
Bolesławiec, ul. Mickiewicza 1/9, tel. 75 713 70 02
(commissioned information)